Construction is continuing to rise at 50 Trinity Place, a 28-story Hotel Indigo in the Financial District. The 173-room, 77,310-square-foot structure is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the property in 2012 for $15 million. The site is located at the corner of Trinity Place and Rector Street.
Work is moving along on the observatory in One Vanderbilt, a 1,401-foot-tall commercial supertall in Midtown East and number four on our countdown of the tallest buildings under construction in the city. Designed by Kohn Pedersen Fox and developed by SL Green, the 77-story skyscraper occupies a full-block parcel immediately to the west of Grand Central Terminal. Though the $1.4 billion property has been officially open since its ribbon-cutting ceremony in mid September, the indoor-outdoor observatory dubbed The Summit isn’t due to welcome the public until October 2021.
Construction is nearing the halfway mark on 223 West 46th Street, a 34-story Marriott SpringHill hotel in Times Square. Designed by Gene Kaufman Architects and developed by McSam Hotel Group, the project will yield 70,000 square feet and 200 guest rooms. The property is located between Seventh and Eighth Avenues, a short walk from the large stretch of pedestrian plazas and retail stores that line the crossroads of the world.
Number five on YIMBY’s end-of-year countdown is Two World Trade Center, aka 200 Greenwich Street, a 1,350-foot-tall office skyscraper and the last major component of the 16-acre World Trade Center complex. Earlier this year, it was announced that Norman Foster of Foster + Partners would return as the architect for project, which is being developed by Larry Silverstein, head of Silverstein Properties. However, the highly anticipated revamped design of Foster’s original 2006 proposal has yet to be revealed.
Construction is wrapping up on 21-59 44th Drive, a six-story mixed-use building in Long Island City, Queens. Designed by Z Architecture, the structure will bring 20 residential units, 2,600 square feet of retail space, and 361 square feet of community facilities to the northern corner of 44th Drive and 23rd Street.
